The Economic Impact of Medicine-Guide-Master on Healthcare Costs and Efficiency

The Economic Impact of Medicine-Guide-Master on Healthcare Costs and Efficiency

Nayan Moon

PG Scholar

Department of Computer Science

G.H. Raisoni University, Amravati, India

Received on: 11 April ,2024          Revised on: 26 May ,2024,          Published on: 01 June ,2024

Abstract :  Efficient resource use and the escalating expenses of healthcare have spurred research into digital technologies that can improve operational efficiency and clinical decision-making. This study examines the financial effects on healthcare expenses and efficiency of the Medicine-Guide-Master, an extensive computerized drug database. The Medicine-Guide-Master has the potential to dramatically reduce healthcare expenses associated with adverse drug events, extended hospital stays, and needless treatments by giving accurate, up-to-date drug information and lowering prescription errors. Healthcare workers’ operations are streamlined when this tool is integrated with their electronic health records (EHR), increasing productivity and freeing up more time for patient care.In order to evaluate the cost of healthcare, this study used a mixed-methods approach that included qualitative interviews with healthcare practitioners and quantitative data analysis from hospital financial records.

Index Terms: Healthcare Expenses, Operational Effectiveness, Medication Guide, Medication Errors, Digital Drug Database Unfavorable Drug Events ,Health Information Technology (EHR) ,Results for Patients with Clinical Decision Support Productivity in Healthcare Savings on Costs

DOI Link – https://doi.org/10.69758/KBFZ4903

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